William L And Josephine B Weiss Family Foundation
- Assets
- $4.1m
- Revenue
- $261.7k
- Investments
- $3.8m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 05/1987
- Data as of
- 12/2023
- EIN
- 36-3478679
Organization Overview
William L And Josephine B Weiss Family Foundation is located in Chicago, IL. The organization was established in 1987. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William L And Josephine B Weiss Family Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, William L And Josephine B Weiss Family Foundation generated $261.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $573.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, William L And Josephine B Weiss Family Foundation has awarded 50 individual grants totaling $5,900,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David W Weiss Co-President/treas/ttee | 0.5 | $0 | |
Steven P Weiss Co-President/ttee | 0.5 | $0 | |
Susan W Miller VP & Secretary/ttee | 0.5 | $0 | |
Ken Miller Non-Voting Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $175 |
| Dividends & Interest | $151,664 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $109,721 |
| Capital Gain Net Income | $109,721 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $105 |
| Total Revenue | $261,665 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $3,240 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,820 |
| Total operating and administrative expenses | $40,165 |
| Contributions, gifts, grants paid | $533,600 |
| Total expenses and disbursements | $573,765 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,827 |
| Savings and temporary cash investments | $298,618 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $3,792,354 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,103,799 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, William L And Josephine B Weiss Family Foundation has awarded $533,600 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
BOYS & GIRLS HOMES OF NORTH CAROLINA INC PURPOSE: COMMUNITY | $45,000 |
COURT SPORTS FOR LIFE FOUNDATION PURPOSE: COMMUNITY | $10,000 |
IMPACT MISSIONS PURPOSE: COMMUNITY | $6,000 |
PENNSYLVANIA STATE UNIVERSITY PURPOSE: EDUCATION | $250,000 |
DIAL HOPE PURPOSE: RELIGIOUS & COMMUNITY | $5,000 |
SANDHILLS COMMUNITY COLLEGE FOUNDATION INC PURPOSE: EDUCATION | $217,600 |